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Federation Of Malayalee Associations Of Americas

Fomaa

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 320247547 ✦ Bellerose, NY ✦ Designated as a 501(c)(3)

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Overview

What is Federation Of Malayalee Associations Of Americas?

The Federation of Malayalee Associations of Americas (FOMAA) is a nonprofit organization situated in Bellerose, New York. Its primary mission is to organize, coordinate, and facilitate social, cultural, and charitable events. By doing so, it aims to enrich and preserve the traditional cultural values of people originating from Kerala, India, while also encouraging their integration into cross-cultural norms. FOMAA's activities include various events and initiatives that contribute to the well-being of its community. One of their notable programs is the biennial convention, which is self-funded through participant contributions and sponsorships. The organization operates under the name 'FOMAA'.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90%, Four-Star out of Four Stars

The Federation of Malayalee Associations of Americas has received a commendable Four-Star rating from Charity Navigator, reflecting its strong financial health and accountability. The organization's overall score is based on a comprehensive assessment of its performance in accountability and finance, achieving a perfect score in multiple categories, including board independence and material diversion of assets.

Strengths of the federation include a fully independent board, with all members contributing to effective governance, and a high program expense ratio of 89.58%, indicating that a significant majority of funds are directed toward its programs. Additionally, the organization demonstrates transparency by maintaining proper documentation practices and having a conflict of interest policy in place.

While the federation's rating is impressive, it is essential to continuously monitor its financial practices and community impact to ensure ongoing effectiveness. Overall, the organization displays a solid commitment to managing resources responsibly and serving its mission effectively.


This AI summary has been generated from information found on Charity Navigator.

Is Federation Of Malayalee Associations Of Americas legitimate?

Federation Of Malayalee Associations Of Americas is a legitimate nonprofit organization registered as a 501(c)(3) entity. Federation Of Malayalee Associations Of Americas submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Federation Of Malayalee Associations Of Americas?

The Federation of Malayalee Associations of Americas is dedicated to organizing and coordinating social, cultural, and charitable activities. Their mission is to enrich and safeguard the traditional cultural values of individuals originating from Kerala, India, while encouraging them to adapt to cross-cultural norms. The association aims to motivate these individuals to contribute positively to their society. One of their program activities includes hosting a biennial convention, with expenses covered through participant and sponsor contributions, without utilizing funds from other programs for convention expenses.

What is the revenue of Federation Of Malayalee Associations Of Americas?

Federation Of Malayalee Associations Of Americas's revenue in 2023 was $79,097.

Who are the executives of Federation Of Malayalee Associations Of Americas and what are their salaries?

Here are 6 key members and their salaries:


Sunny Vallikalam (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jaimol Sreedhar (Joint Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James George (Joint Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Jacob Thomas (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ojus John (General Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bijumoan Thomas (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Federation Of Malayalee Associations Of Americas?

Federation Of Malayalee Associations Of Americas's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Federation Of Malayalee Associations Of Americas

The Federation of Malayalee Associations of Americas is an organization that aims to bring together individuals of Kerala origin in the United States. Its mission is multifaceted, with three primary objectives. Firstly, it seeks to organize and coordinate social, cultural, and charitable activities, thereby enriching and preserving the traditional cultural values of the Malayalee community. Secondly, the Federation encourages its members to integrate with cross-cultural norms, fostering a sense of unity and inclusivity. Lastly, it motivates the community to contribute to the well-being of society as a whole.

To achieve these objectives, the Federation organizes various events and activities. One of its significant initiatives is the biennial convention. This event serves as a platform for Malayalees to come together, engage in cultural exchanges, and share their experiences. The expenses for this convention are primarily covered by the participants and sponsors, ensuring that the organization's charitable funds are utilized effectively.

In summary, the Federation of Malayalee Associations of Americas is a nonprofit organization that plays a pivotal role in preserving the cultural heritage of its members while promoting their integration into American society. It encourages its community to contribute positively to society and provides a platform for social and cultural interactions through events like the biennial convention.

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Impact




October, 2024

The Federation of Malayalee Associations of Americas plays a crucial role in uniting the Malayalee community across the U.S. and fostering a sense of cultural identity and belonging. It organizes social, cultural, and charitable activities that enrich the lives of individuals of Kerala origin, enabling them to celebrate and protect their traditional values. By facilitating integration with cross-cultural norms, the Federation helps its members adapt to diverse environments while maintaining their heritage.

A key aspect of its impact is the biennial convention, which serves as a cornerstone event for networking, cultural exchange, and showcasing Malayalee traditions. This gathering not only strengthens community ties but also allows participants to share their experiences, challenges, and contributions to society.

Through its initiatives, the Federation encourages active participation in community well-being, inspiring members to contribute positively to both their localities and the broader society. The sense of unity and shared purpose fosters a supportive network that uplifts individuals and families, enhancing their overall quality of life while preserving the rich cultural legacy of Kerala.




This information is meant to be a general summary of Federation Of Malayalee Associations Of Americas. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$79,097 (2023)
Expenses
$81,197 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $43,469
  • Gross Receipts: $79,097

Assets and Liabilities:

  • Total Assets: $33,710
  • Total Liabilities: $0
  • Net Assets: $33,710

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

KERALA CONVENTION

Revenue

$2,500

INDIA DAY FLOAT

Revenue

$2,700

GENERAL BODY MEETING

Revenue

$100

HELPING HANDS

Revenue

$4,014

WOMENS FORUM

Revenue

$25,401

Organization Details

Founding Year

2008

Principal Officer

Sunny Vallikalam

NTEE Category

Code: Q30 - International

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